We are looking at the logarithmic chart of Ubiq vs. Bitcoin here.
Ubiq is an ICO platform and currently, in my opinion, heavily undervalued. There was little talk about this coin recently, that's why I am extra bullish on this one.
If we manage to break that purple resistance line and find support on it, we could see something similar that happened in late May 2017, and that's at least a 5x increase vs. Bitcoin.
On the linear chart, we already broke the downtrend and found support on it. Looks like it could go +/- sideways for a few days before major breakout.
The logarithmic Ubiq / USD daily chart suggest a heavy price increase as well, since the logarithmic resistance has been broken and we are slowly finding support on it now.
Setting targets here is difficult, but this thing will most likely shoot up like crazy in the coming weeks.
Good luck
Ubiq is an ICO platform and currently, in my opinion, heavily undervalued. There was little talk about this coin recently, that's why I am extra bullish on this one.
If we manage to break that purple resistance line and find support on it, we could see something similar that happened in late May 2017, and that's at least a 5x increase vs. Bitcoin.
On the linear chart, we already broke the downtrend and found support on it. Looks like it could go +/- sideways for a few days before major breakout.
The logarithmic Ubiq / USD daily chart suggest a heavy price increase as well, since the logarithmic resistance has been broken and we are slowly finding support on it now.
Setting targets here is difficult, but this thing will most likely shoot up like crazy in the coming weeks.
Good luck
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boom :)
However, I will not start giving day trading advice as this too risky given the fact that we have a lot of newbs here.
Fact is, there is a VERY high probability that this coin will at least 5x in the coming weeks.
However, I will not start giving day trading advice as this too risky given the fact that we have a lot of newbs here.
Fact is, there is a VERY high probability that this coin will at least 5x in the coming weeks.
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This is an important level. 42k-44k sat.
We recently broke out through the logarithmic resistance, and it looks like the previous resistance is acting as a support now, just like I said in the comments 2 days ago.
If this support confirms, this thing will fly off.
Notice how there is a huge sell wall just at 44k sat ? someone wants to drive the price down, you will see that this wall will just magically disappear, this guy will NOT sell hit huge ubiq stack this low.
GL
We recently broke out through the logarithmic resistance, and it looks like the previous resistance is acting as a support now, just like I said in the comments 2 days ago.
If this support confirms, this thing will fly off.
Notice how there is a huge sell wall just at 44k sat ? someone wants to drive the price down, you will see that this wall will just magically disappear, this guy will NOT sell hit huge ubiq stack this low.
GL
Ideally, we will go to 0.00055 btc (55k satoshi) and correct down and find support right on the purple line at 45k satoshi